Commercial Real Estate Direct Staff Report The $92.4 million CMBS loan against Rockvale Square, a 539,691-square-foot outlet center in Lancaster, Pa., has transferred to special servicing because it's expected to default soon. The loan, securitized through Wachovia Bank Commercial Mortgage ...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc. has agreed to sell a portfolio of five hotels with 1,396 rooms for $142 million, or $102,000/room, to Noble Investment Group. Ashford, a Dallas REIT, said it would use ...
Commercial Real Estate Direct Staff Report The Citadel Mall, a 1 million-square-foot shopping center in Charleston, S.C., that CBL & Associates Properties Inc. turned over to its CMBS lender last year, has been appraised at a value of $14.7 million. ...
New York Life Real Estate Investors has provided $120 million of mortgage financing against the Port Chester Shopping Center, a 507,000-square-foot retail property in Port Chester, N.Y. The property, at 421 Boston Post Road, is owned by a venture ...
Commercial Real Estate Direct Staff Report Ashford Hospitality Prime Inc., which late last year started evaluating the sale of its 499-room Courtyard Philadelphia Downtown hotel, so far hasn't gotten the offers it was hoping for. Pricing indications it's received ...
Ashford Hospitality Prime Inc. is looking to sell the 498-room Courtyard Downtown Philadelphia, and possibly other hotels in order to fund a share buy-back. The Dallas REIT this morning announced that it planned to buy back up to $100 million ...
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© 2023 Commercial Real Estate Direct All rights reserved..